Emaar launches new Address in Ras Al Khaimah

DUBAI, April 18, 2018

Global property developer Emaar said its hospitality arm has announced the launch of ‘Address Al Marjan Island’ hotel and residences project located in a scenic resort-style development by the Arabian Sea in the northern emirate of Ras Al Khaimah.

It will be a resort-style development that draws on its exceptional natural location, directly by the Arabian Sea. The hotel will have 249 rooms, including suites, while Address Residences Al Marjan Island will comprise 234 high-end apartments.

As part of Views, the largest of the four islands that make up Al Marjan Island, residents will be in close proximity to the ubran core of the master-planned community as well as the town centre.

With direct access to over 600 m of beachfront, residents and guests will have uninterrupted views of the sea in addition to a range of lifestyle amenities.

Announcing this at the Arabian Hospitality Investment Conference 2018 in Ras Al Khaimah, Mohamed Alabbar, the chairman of Emaar Properties, said this marks the first expansion of the Address brand to Ras Al Khaimah, and the first development venture by Emaar Development in the emirate.

The announcement of Address Al Marjan Island follows a MoU signed by Emaar in December last year to develop 2 million sq ft of mixed-use projects including high-end residential, hospitality and retail components in Al Marjan Island.

"With its positive economic growth and focus on strengthening the tourism and investment landscape, Ras Al Khaimah has recorded robust growth in visitor arrivals and in attracting inward investments," he stated.

Sheikh Khalid bin Saud Al Qasimi, the chairman, Al Marjan Island, said: "We are honoured to welcome Emaar and its prestigious Address hotel brand to Al Marjan Island, which will further strengthen the appeal of our master-planned development as a preferred hub for visitors and investors from around the world."

Abdullah Al Abdooli, the CEO of Al Marjan Island, said: "The Address hotel and residence development will be another catalyst for Ras Al Khaimah’s tourism sector, and underline Al Marjan Island as a vibrant destination offering exceptional hotel choices."

"The active participation of leading developers such as Emaar in Al Marjan Island highlights the tremendous potential for growth offered by the master-planned community which has already attracted international investors and hotel brands," he added.

Emaar Hospitality Group CEO Olivier Harnisch said: "Address Hotels + Resorts is our homegrown success story – a brand that has redefined the hospitality sector with its philosophy of ‘where life happens’. Address hotels are set apart by their location, its service standards and the wide range of lifestyle amenities that assure a premium lifestyle for guests and residents."

"Address Al Marjan Island marks our expansion to the fast-growing emirate of Ras Al Khaimah, which is focused on strengthening tourism and leisure developments to welcome visitors from around the world," he added.

Address Al Marjan Island will feature several unique restaurant concepts including The Restaurant at Address for all-day dining, meeting and banquet space, a business lounge, a modern fitness centre, spa, pool and other wellness amenities. Residents of the branded residences can access the hotel amenities, said a statement from the Dubai developer.

Emaar Hospitality Group had most recently announced its expansion to Sharjah with a management agreement to operate three hotels in Aljada, a 24-million-sq-ft integrated lifestyle destination, and a new leisure and entertainment hub for Sharjah, developed by Arada, it stated.

Globally, Emaar Hospitality Group has a portfolio of over 35 upcoming properties. It has 12 operational hotels and three serviced residences in Dubai including five Address hotels – Address Boulevard, Address Dubai Mall, Address Dubai Marina, Address Montgomerie and Palace Downtown, said the statement from Emaar.

In addition to an upcoming resort in Fujairah, internationally, Address Hotels + Resorts will operate hotel projects in Saudi Arabia, Bahrain, Egypt, Turkey and The Maldives, it added.-TradeArabia News Service